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Brazils Financial Minister Guido Mantega have announced that the state-controlled Banco do Brasil and private-sector Banco Bradesco have signed a memorandum of understanding with the Portuguese bank Banco Espírito Santo (BES) to create a new company to expand their business in Africa.

p>Brazils Financial Minister Guido Mantega have announced that the state-controlled Banco do Brasil and private-sector Banco Bradesco have signed a memorandum of understanding with the Portuguese bank Banco Espírito Santo (BES) to create a new company to expand their business in Africa.

Standard Bank IBTC has been named as Best Investment Bank in Nigeria in the Euromoney Awards for Excellence 2010. Standard Bank Group was also named as Best Investment Bank in Africa and Best Bank in South Africa by Euromoney.

p>Standard Bank IBTC has been named as Best Investment Bank in Nigeria in the Euromoney Awards for Excellence 2010. Standard Bank Group was also named as Best Investment Bank in Africa and Best Bank in South Africa by Euromoney.

The Mauritius Revenue Authority (MRA) has gone live with its first implementation phase of tax and revenue management software from SAP AG, registering all tax types except personal and corporate income tax.

p>The Mauritius Revenue Authority (MRA) has gone live with its first implementation phase of tax and revenue management software from SAP AG, registering all tax types except personal and corporate income tax.

Uganda’s president Yoweri Museveni has launched a five–year Ushs 50 trillion National Development Plan at Serena Hotel in Kampala.

p>Uganda’s president Yoweri Museveni has launched a five–year Ushs 50 trillion National Development Plan at Serena Hotel in Kampala.

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